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S&P 500
5,422.09
(
-0.21%
)
US TECH 100
19,133.60
(
0.34%
)
Dow Jones
38,530.48
(
-0.30%
)
Brent Oil
82.34
(
0.44%
)
Bitcoin
65,298.57
(
-2.18%
)
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mjkiii

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mjkiii

Re: JustForFun7 post# 20259

Monday, 04/15/2013 9:52:06 AM

Monday, April 15, 2013 9:52:06 AM

Post# of 26631
JFF7,I think you nailed it.

You can safely say we are not trading on fundamentals. If Peta is right we are trading at a PE Ratio of 2.18!! Nothing like watching the lemmings run over the cliff. I have been trying to give them a little shove this morning, so maybe we will pick up a few oranges at $0.34! I talked to a couple of serious guys this morning and they are buying as it drops. Forward quarters should be much better than Q3 with all maintenance finished, equipment up to brass plate, and higher grade ore at Molejon and coming from Spain.
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